Shares of SpaceX (SPCX<\/a>), meanwhile, fell nearly 10% on Monday, after closing out the holiday-shortened week lower on Thursday.<\/p>\n Alphabet stock (GOOG<\/a>, GOOGL<\/a>) also fell after senior research scientist and Nobel prize winner John Jumper announced he was leaving Google DeepMind AI to join rival Anthropic (ANTH.PVT<\/a>). Google is also reportedly teaming up with the independent movie studio A24 to develop AI tools for movie production and distribution.<\/p>\n Intel (INTC<\/a>) stock continued to climb after President Trump posted on Truth Social last week that the company is working with Apple (AAPL<\/a>) to build chips for the iPhone maker.<\/p>\n LIVE 3 updates<\/p>\n Mon, June 22, 2026 at 2:51 PM UTC Google stock falls as senior AI researcher decamps to Anthropic, Alphabet invests in A24 studio <\/p>\n Alphabet stock (GOOG<\/a>, GOOGL<\/a>) fell nearly 7% after its Google DeepMind AI senior research scientist John Jumper announced he is leaving the company.<\/p>\n Jumper, who won the 2024 Nobel Prize in chemistry for his work with the AI model AlphaFold, wrote on X that he will join rival AI company Anthropic (ANTH.PVT<\/a>) after nearly nine years at Google.<\/p>\n Also on Monday, the Wall Street Journal reported<\/a> that the company is investing $75 million into independent film studio A24.<\/p>\n According to the Journal, Google and A24, the studio behind movies such as “Backrooms” and “Marty Supreme,” are teaming up to create new tools for movie production and distribution using Google’s DeepMind AI unit.<\/p>\n The investment marks Google’s first stake in a movie studio and comes as other entertainment companies, including Disney (DIS<\/a>) and Netflix (NFLX<\/a>), have toyed with AI deals, despite Hollywood’s general reluctance to embrace the technology.<\/p>\n SpaceX (SPCX<\/a>) stock fell again on Monday, now poised for three straight down days after a massive run-up following its IPO earlier this month. SpaceX also confirmed its first-ever bond issuance in a filing.<\/p>\n SpaceX shares were down another 9% in early trade on Monday, following a 3.6% drop on Thursday (US markets were closed on Friday for the Juneteenth national holiday) and a 5% drop on Wednesday. The three-day losing streak caps a big pop in the stock following its IPO and first day of trade on June 12th.<\/p>\n Also on Monday morning, SpaceX confirmed its first-ever bond sale in a filing<\/a>. Although the company did not disclose the size of the bond offering, it confirmed that it “intends to use the net proceeds from the Notes offering to repay the outstanding borrowings under its bridge loan facility in full” and to cover other related fees and expenses. Bloomberg<\/a> reported late last week that SpaceX was prepping an offering in the $20 billion range.<\/p>\n Read here for more.<\/a><\/p>\n Mon, June 22, 2026 at 2:34 PM UTC Micron stock surges amid memory trade boom <\/p>\n Yahoo Finance\u2019s Ines Ferr\u00e9 reports:<\/p>\n Micron Technology (MU<\/a>) stock surged nearly 5%, putting the memory chipmaker on pace to hit a fresh record on Monday ahead of its earnings this week. The rest of the chip complex was poised to climb to new highs, including memory and storage maker Sandisk (SNDK<\/a>).<\/p>\n Micron stock jumped, along with the rest of the chipmaker space, as investors awaited the company’s results on Wednesday, providing a bellwether for memory demand in AI inference.<\/p>\n![\"Pras](\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/10\/55efe6c0-7525-11ef-bfff-c46ef8a57120.jpeg\")
Mon, June 22, 2026 at 2:49 PM UTC SpaceX stock down again, shaving off some IPO gains; confirms debt offering <\/p>\n